Ukraine capable of transporting Caspian hydrocarbons to Europe

A delegation of Ukrainian Supreme Rada (parliament), led by Speaker Ivan Plusch, met with SOCAR president Natiq Aliyev Thursday.

The SOCAR head spoke of Azerbaijan’s oil strategy, its implementation, oil sector milestones, contracts signed, transportation of hydrocarbons to world markets and upcoming privatization of the oil industry infrastructure. He then outlined development prospects of the oil industry.

The Ukrainian delegation took an interest in economic development of Ukraine and Azerbaijan on mutually beneficial terms. It was indicated that Ukraine could grow from a consumer of Caspian energy into a country transporting them to European markets.

The parties also considered some proposals of the Ukrainian party, a SOCAR source told AssA-Irada Thursday.*